FINRA
Get the latest news and insights on the Financial Industry Regulatory Authority's rules, enforcement actions and related activities.
Ex-Raymond James Rep Who Stole From Elderly Clients Gets 5 Years in Prison
By Jeff BermanThe firm's former broker and executive pleaded guilty to defrauding two clients out of nearly $1 million.
May 14, 2021
FINRA Bars Ex-Securities America Broker Who Signed Dead Client's NameThe former rep signed his deceased client's name on annuity surrender forms, according to FINRA.
May 14, 2021
'Wandering' Bad Brokers Pose Risks for Clients, IndustryAdvisors with regulatory infractions often keep causing trouble even if they're barred from the business, a recent study finds.
May 13, 2021
Ex-LPL Rep Pleads Guilty to Stealing More Than $600K From Retired ClientThe broker transferred funds from his 73-year-old client's investment accounts to a joint bank account and withdrew most of it for his own use.
May 10, 2021
FINRA Plans Return of In-Person Arb Hearings in JulyBeginning July 5, 62 of FINRA's 69 hearing locations will reopen for in-person proceedings, it says.
April 30, 2021
Barred Long Island Broker Charged in Pre-IPO Share ScamThe broker and his partner allegedly took $436,000 from investors who thought they were buying shares of Peloton, WeWork or Airbnb.
April 26, 2021
FINRA Provides Advice for BDs to Fight FraudFINRA warned early this month that the regulator's exams this year would focus on BD filings of SARs.
April 23, 2021
FINRA Warns BDs on Arbitration AgreementsSome firms are attempting to improperly limit the claims that customers can file with FINRA.